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Binance Sets Sights On South Korea
Following South Korea’s moves to embrace the cryptocurrency market, crypto exchange giant Binance has announced plans to expand into one of the world’s top markets for Bitcoin (BTC) and Ether (ETH). дальше »
2018-7-25 03:36
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Bitcoin Up 20% in One Week, now valued above $8,000
The last time bitcoin traded above that key level was May 23. The digital currency is up more than 20 percent in the past week, mostly buoyed by reports of institutional investor interest. Last week, BlackRock confirmed it assembled a working group to look into cryptocurrencies and its underlying technology, blockchain. Speculation that a bitcoin дальше »
2018-7-25 00:15
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In 1 Year, Samsung Has Gone from Bitcoin Miner Manufacturer to Accepting Crypto
Samsung, the $290 billion electronics giant, has started to accept crypto in its stores in the Baltic region as an alternative to fiat money on July 21, 2018. Heavily Involved in Crypto In South Korea, Samsung remains as the dominant conglomerate in virtually every major industry including insurance, real estate, construction, shipbuilding, automotive manufacturing, and finance. дальше »
2018-7-25 21:00
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In once week, Bitcoin has jumped up 20% and is now above $8000
The last time bitcoin traded above that key level was May 23. The digital currency is up more than 20 percent in the past week, mostly buoyed by reports of institutional investor interest. Last week, BlackRock confirmed it assembled a working group to look into cryptocurrencies and its underlying technology, blockchain. Speculation that a bitcoin дальше »
2018-7-24 19:44
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Binance Plans to Enter South Korea
Binance, the world’s largest cryptocurrency exchange by trading volume, is purportedly about to enter the South Korean market. Binance Expanding to South Korea The world’s most popular cryptocurrency exchange is supposedly planning to continue its expansion by entering the South Korean market, according to Business Korea. дальше »
2018-7-24 17:30
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How Chinese Millionaires Are Still Using Bitcoin to Buy Properties Overseas
Millionaire investors in China are still utilizing significant cryptocurrencies like bitcoin and ether to purchase properties overseas, despite the crackdown on digital asset trading by the Chinese authorities. дальше »
2018-7-24 13:00
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South Korean Regulators Create Exclusive Cryptocurrency Department for Policymaking
The South Korean cryptocurrency ecosystem has achieved another feat in its journey towards legalization. The South Korean Financial Services Commission (FSC) has announced on July 17, 2018, via a press release that it would conduct an organizational reshuffle, in a bid to establish a body called Financial Information Bureau (FIB), to oversee the Fintech, big data and cryptocurrency sectors. дальше »
2018-7-24 23:00
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South Korean Regulators Create Exclusive Cryptocurrency Department For Policymaking
The South Korean cryptocurrency ecosystem has achieved another feat in its journey towards legalization. The South Korean Financial Services Commission (FSC) has announced on July 17, 2018, via a press release that it would conduct an organizational reshuffle, in a bid to establish a body called Financial Information Bureau (FIB), to oversee the Fintech, big data and cryptocurrency sectors. дальше »
2018-7-24 23:00
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Cryptocurrency division has been created by South Korea’s financial service commission
South Korea’s Financial Services Commission recently announced a “major organizational reshuffle” to help protect consumers and adapt to changing financial innovations. Part of the reorganization includes a new division to oversee the cryptocurrency sector. дальше »
2018-7-21 17:21
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Today:EY buys Crypto patents and Coinbase forms political action committee.
The Daily In The Daily on Saturday, crypto exchange Coinbase has formed a political action committee to raise funds for US elections. Also, Ernst & Young has announced the acquisition of crypto technology and patents, and Indonesian crypto POS terminal maker Pundi X is looking to expand in South Korea with a new partnership. According дальше »
2018-7-21 15:23
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South Korea’s Financial Services Commission Announces Creation of Cryptocurrency Division
South Korea’s Financial Services Commission recently announced a “major organizational reshuffle” to help protect consumers and adapt to changing financial innovations. Part of the reorganization includes a new division to oversee the cryptocurrency sector. дальше »
2018-7-21 14:00
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South Korean Regulator Launches Initiative to Improve Relationship with Crypto
The South Korean financial watchdog, Financial Services Commission (FSC), has created the Financial Innovation Bureau to oversee and nurture the crypto sector as part of the fourth industrial revolution. дальше »
2018-7-20 21:00
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CoinMarketCap Rehauls Exchange Listings in Response to Controversies Over Skewed Volumes
Crypto price tracker and exchange rankings site CoinMarketCap.com is rehauling its exchange listings method in light of concerns over skewed trade volume data
дальше »2018-7-20 15:20
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South Korea to Reduce Taxes for Blockchain Startups
With the impending legalization of cryptocurrency exchanges and businesses, South Korea continues to make way for blockchain development. A leader in the industry, South Korea is considering reducing taxes for blockchain startups to fuel ‘growth through innovation. дальше »
2018-7-19 18:00
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South Korean Administrative District Builds Blockchain-based ‘Proposal Evaluation System’
An administrative district in Seoul will now implement smart administration through blockchain technology
дальше »2018-7-19 13:31
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Korea May Use Blockchain to Verify Food and Livestock, with Waltonchain Partnership
The development company behind the Internet of Things (IoT)-focused public blockchain network, Waltonchain, has secured a strategic partnership with the South Korea Food and Livestock Promotion Center, to encourage the usage of the blockchain in the agricultural and food distribution sector. дальше »
2018-7-19 11:00
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Korean Blockchain Association Gives 12 Local Cryptocurrency Exchanges Clean Bill of Health, Insurance on the Horizon
In a bid to improve the security level and general standards of cryptocurrency exchanges in South Korea, after a series of hacks and heists rattled the local cryptospace, the Korean Blockchain Association (KBA) formulated a set of stringent guidelines that would govern exchanges and crypto-related projects in the state. дальше »
2018-7-17 20:00
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Big Business Promotes Blockchain at World Cup Event
You know it’s serious when companies are willing to spend significant cash on small blocks of advertising. That’s what happened during one of the World Cup quarterfinal matches, and it’s a big deal in terms of who sponsored the commercial. дальше »
2018-7-16 16:00
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Korea’s Largest Crypto Exchange is Moving to Japan, Outrage From Investors
Bithumb, the largest crypto exchange in South Korea by trading volume and user base, is expanding to Japan, the biggest market for cryptocurrency investors. The post Korea’s Largest Crypto Exchange is Moving to Japan, Outrage From Investors appeared first on CryptoSlate. дальше »
2018-7-16 05:00
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Korea Blockchain Weeks Seek to Solve Some of Crypto’s Most Pressing Problems
South Korea has always played a crucial role in crypto development and proliferation. The post Korea Blockchain Weeks Seek to Solve Some of Crypto’s Most Pressing Problems appeared first on CryptoSlate. дальше »
2018-7-15 19:00
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South Korean Regulators to Introduce New Cryptocurrency-Related Proposals This Month
A lot of things are changing in South Korea’s cryptocurrency ecosystem. With all major exchanges adhering to self-regulation, the government has bought additional time prior to introducing official guidelines. дальше »
2018-7-14 19:00
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Following the approval of 12 out of 12 Crypto Exchanges, South Korea Blockchain Association under fire
Over two months ago, the Korea Blockchain Association (KBA) decided to initiate self-inspections into cryptocurrency industry striving to insure the digital exchanges operating in South Korea had safeguards to check themselves from potential issues such as cyber-attacks and malicious activities. дальше »
2018-7-14 00:11
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Self-Regulating South Korean Exchanges Receive a Favorable Audit
South Korea is a very important location in the world of cryptocurrency. Its exchanges generate tremendous amounts of trading volume, and it seems that situation will not change anytime soon. According to a new report, the Korean Blockchain Association has announced that all exchanges meet its regulatory requirements, which is a very positive sign. Korean Exchanges […] дальше »
2018-7-13 00:00
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South Korean Regulatory Review: All Exchanges Meet Requirements
The investigation, executed by the KBA, is aimed at creating transparency standards as well as eliminate money laundering and insider trading. The post South Korean Regulatory Review: All Exchanges Meet Requirements appeared first on CryptoSlate. дальше »
2018-7-12 21:00
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Korean Cryptocurrency Exchanges Pass KBA Regulatory Review – A Boost for Retail Investor Confidence!
The Korea Blockchain Association (KBA) found that 12 Korean cryptocurrency exchanges passed the minimum standards required when it came to cybersecurity measures. These included large exchanges like Bithumb, Korbit, and Gopax. дальше »
2018-7-13 16:39
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Bank of Korea Reveals the Impact of Digital Assets in South Korea’s Banking and Finance Sector
South Korea’s central bank, the Bank of Korea (BOK), has revealed that the outstanding balance of cryptocurrency accounts in the country’s domestic banks stood at nearly $2 billion ($1. 8 billion) as of December 2017. дальше »
2018-7-13 16:19
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Cryptos Pose ‘Insignificant Risk’ to Financial Markets: Bank of Korea
One week after the Financial Services Commission (FSC) of South Korea said that it is “not opposed” to digital currencies, a Bank of Korea report claimed that cryptocurrencies do not pose a significant risk to the country’s financial system. дальше »
2018-7-10 16:19
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South Korea to Legitimise the Blockchain and Cryptocurrency Industry
South Korea’s relationship with cryptocurrencies has had a tumultuous past. From the country being an important crypto market to crackdowns and imposition of strict regulations at the beginning of 2018, the authorities have frequently changed their outlook on digital currencies. дальше »
2018-7-10 13:59
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South Korean Banks Now Own More Cryptos Than Even Bithumb
Bitcoin price tumble from estimated price of $20,000 in 2017 to $6,000 in early 2018 has made commercial banks in South Korea holders of more cryptos than the largest cryptocurrency exchange in the country, Bithumb. дальше »
2018-7-10 01:15
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Korea’s Telecom Giant: Country’s Biggest Crypto Exchange Hack Caused by APT
For the third time in two years, Bithumb, South Korea’s biggest crypto exchange, was hacked in June 2018. SK, the country’s telecom giant, stated that the hack was likely caused by APT attacks. The post Korea’s Telecom Giant: Country’s Biggest Crypto Exchange Hack Caused by APT appeared first on CryptoSlate. дальше »
2018-7-9 17:00
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Korean Banks Held $1.79 Billion During the 2017 Bull Run
Yonhap, a mainstream media outlet in South Korea, reported that commercial banks in the country are holding nearly $2 billion worth of cryptocurrencies. The post Korean Banks Held $1.79 Billion During the 2017 Bull Run appeared first on CryptoSlate. дальше »
2018-7-9 03:36
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Korean Banks are Holding Nearly $2 Billion in Crypto Like Bitcoin and Ethereum
Yonhap, a mainstream media outlet in South Korea, reported that commercial banks in the country are holding nearly $2 billion worth of cryptocurrencies. The post Korean Banks are Holding Nearly $2 Billion in Crypto Like Bitcoin and Ethereum appeared first on CryptoSlate. дальше »
2018-7-9 03:36
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Korean Banks Held $1.79 Billion in Crypto During the 2017 Bull Run
Yonhap, a mainstream media outlet in South Korea, reported that commercial banks in the country are holding nearly $2 billion worth of cryptocurrencies. The post Korean Banks Held $1.79 Billion in Crypto During the 2017 Bull Run appeared first on CryptoSlate. дальше »
2018-7-9 03:36
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Bitcoin Price Watch: Currency Jumps to $6,700
It’s finally happened! At press time, the father of digital currency has leapt to the $6,700 mark and conquered its latest plane of resistance. After weeks of analysts going at it (Will bitcoin reach $6,700? Will bitcoin reach $6,700?), it appears the currency has defeated its latest obstacle. Now, $7,000 could easily be in bitcoin’s […] дальше »
2018-7-8 22:39
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South Korea Moving Towards Cryptocurrency Acceptance
South Korea is continuing to legitimize and embrace cryptocurrency through a careful and considered approach. ‘The regulator isn’t opposed to cryptocurrencies’ On May 19, Bitcoinist reported that Korean regulators had agreed to apply the G20’s set of “unified regulations” in regards to cryptocurrencies. дальше »
2018-7-8 06:00
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Korea Will Fuel the Development of dApps and Base Blockchain Layers Like Ethereum, EOS and NEO
Local publications reported that the government of South Korea finalized plans to legitimize the cryptocurrency exchange market and the blockchain sector with a newly created regulatory framework. дальше »
2018-7-7 23:00
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South Korea Likely to Unwind Cryptocurrency Rules to Coordinate with the G20 Directives
Earlier this year, top financial heads of the G20 country had a discussion for cryptocurrencies and their role in the global economy. At that time, the leaders pledged for having “unified regulations” towards the functioning of digital currencies. дальше »
2018-7-7 11:48
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Korean Financial Authorities Draft Policies to Help Grow Crypto Industry
Financial authorities in Korea will ease regulations on crypto-based assets in attempts to line-up with policies brought forth by the G20 nations and foster growth in the industry. Korea Establishes “Unified Regulations” The new polices are “unified regulations” that relate to “all activities” of Korea’s cryptocurrency exchange operators — a country that has a huge. дальше »
2018-7-7 00:00
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South Korea Recognizes Crypto Exchanges With Launch of Blockchain Classification System
South Korea has taken another step towards the legitimization of cryptocurrency with the announcement of a new regulatory initiative that will see blockchain platforms and businesses governed by a new classification system. дальше »
2018-7-6 09:00
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South Korea Officially Recognizes Cryptocurrency Exchanges
South Korea has moved to recognize cryptocurrency exchanges as legal entities in their own right for the first time, cementing their position in the local economy. Unveiling ‘Cryptoasset Exchanges And Brokerages’ As local news outlet The B-Chain reports, new “classification” of Blockchain-related industries means exchanges are now considered “cryptoasset exchanges and brokerages. дальше »
2018-7-5 15:00
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South Korea Sets up Cryptocurrency Regulations
The Financial Services Commission of South Korea has announced new cryptocurrency rules which will put the country on the world map. The new rules will allow better regulations in monitoring trading. дальше »
2018-7-2 15:58
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South Korea Unveils New Supportive Crypto Regulations
The South Korean Financial Services Commission (FSC) had released a new regulatory framework and Know Your Customer (KYC) and Anti-Money Laundering (AML) guidelines for cryptocurrency exchanges in the country. дальше »
2018-7-1 14:49
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Ico Round-Up: social media Influencers bypass Advertisement boycott, Centra Tokens Considered Securities
Crowdfunding Three stories dominate this week’s initial coin offering (ICO) round up: It appears many ICO projects are reaching out to social media influencers in an effort to thwart advertising bans across leading platforms. дальше »
2018-6-30 08:39
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Bithumb Recovers Half of Stolen Funds From $31 Million Hack
Last week, Bithumb – one of South Korea’s largest digital currency exchanges – was hacked for $31 million in various cryptocurrencies. Announced on June 28, 2018, Bithumb confirmed the recovery of nearly half the stolen funds. дальше »
2018-6-29 10:57
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Korea Financial Regulator: Kimchi Premium is Gone, Cryptocurrency Market is Now Stable
Kim Yong-bum, the Vice Chairman of the Financial Services Commission and one of the main financial regulators in South Korea, expressed optimism towards the cryptocurrency market and the disappearance of the “Kimchi Premium” which exceeded 30% at the cryptocurrency market’s peak in December 2017. дальше »
2018-6-29 21:00
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31 mln to 17mln is what crypto bithumb reduces hack loss estimation to!
Hacked South Korea crypto exchange Bithumb has lowered the estimated amount of money lost in the hack from 35 billion won (about $31 million) to 19 billion won (about $17 million), according to a support announcement Thursday, June 28. дальше »
2018-6-28 18:23
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Crypto Exchange Bithumb Reduces Hack Loss Estimation From $31 Mln to $17 Mln
Bithumb announces less crypto stolen than originally reported, due to crypto exchange, foundation support and quickly moving holdings into a cold wallet
дальше »2018-6-28 16:20
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Contradictory Reports Emerge on Crypto Taxation in South Korea
One of the most controversial topics in the crypto industry, taxation, has yet to be settled by regulators. The industry has been kept guessing what policies regulators will eventually agree on, and with different regions and countries having very different outlooks on cryptocurrency, there is no telling what laws to anticipate. The South Korean crypto […] дальше »
2018-6-27 17:00
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What Koreas Crypto scene is saying
At the time, the popular South Korean cryptocurrency exchange tentatively announced a “cyber intrusion” that saw the loss of $40 million worth of cryptocurrencies. If that wasn’t enough, on June 20, Bithumb – South Korea’s largest by trade volume – also announced a major security breach in which $31 million was reported to be lost. No strangers to дальше »
2018-6-27 00:48
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South Korean Firms Flock to Singapore for ICO Purposes
Even though the initial coin offering industry has attracted a lot of attention, it is also a problem. Especially when it comes to regulation, the opinions on ICOs are quite divided. With South Korea still banning this activity, a fair few domestic firms are organizing ICOs in Singapore due to its regulatory-friendly climate. Singapore Welcomes […] дальше »
2018-6-26 21:00
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